KOMAN PROPERTIES BEGINS SECOND PHASE OF WOOD RIVER COMMONS

WOOD RIVER, ILL. — Koman Properties has begun work on the second phase of its Wood River Commons retail development, which is located at the intersection of Illinois State Route 143 and Vaughn Road in Wood River. An 8,000-square-foot Club Fitness will anchor the 13,500-square-foot second phase of the project. Club Fitness is scheduled to open in the spring. The cost of developing the second phase of the project is estimated at $2 million. Tenants currently open at the center include Walgreens and McDonald’s. Upon completion of the second phase, Wood River Commons will house 33,000 square feet of retail shops and restaurants.